Shares of Kohl's (KSS) lose 4.6% in premarket trading after the company reports...

|About: Kohl's Corporation (KSS)|By:, SA News Editor

Shares of Kohl's (KSS) lose 4.6% in premarket trading after the company reports worse-than-expected May same-store sales as a discussed bounce from disgruntled J.C. Penney shoppers didn't quite register. The company says it made progress building inventory levels, but warns that it expects lower units to dampen sales until the Back-to-School season.